Trafigura’s 1GW Esbjerg project will be powered by offshore wind
Trafigura sets 3GW green hydrogen target
Trader seeks more exposure to production projects as it nears FID on 1GW Danish facility
Commodities trader Trafigura has set itself a new target to invest in green hydrogen projects with a total capacity of 3GW by the end of its 2030 financial year, according to its latest sustainability report. The new target signals a significant ramp-up in investment in the near term by the Singapore-based company. Its main hydrogen project to date is a 1GW facility under development at Esbjerg in southwest Denmark together with H2 Energy, a Swiss-based firm in which Trafigura has invested more than $62mn. “We continue to expand our investments in renewable technologies and in clean energy sectors such as green hydrogen and ammonia, with a target of investing in renewable hydrogen projects w
Also in this section
4 February 2026
Europe’s largest electrolyser manufacturers are losing patience with policymakers as sluggish growth in the green hydrogen sector undermines their decision to expand production capacity
2 February 2026
As a fertiliser feedstock, it is indispensable, but ammonia’s potential as a carbon-free energy carrier is also making it central to global decarbonisation strategies
28 January 2026
The development of hydrogen’s distribution system must speed up if the industry is to stand any chance of grabbing a meaningful slice of the low-carbon energy market
14 January 2026
Continent’s governments must seize the green hydrogen opportunity by refining policies and ramping up the development of supply chains and infrastructure
